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August 2015 Scottsdale 85254 real estate stats

August 2015 saw a total of 91 home sales in the 85254 Zip code of Scottsdale.  As of this writing there are 263 active listings and 129 under contract within 85254, so the inventory levels are at 2.89 months worth of supply based on the August sales.  85254 encompasses an area roughly bounded by Shea Blvd on the south,Tatum Blvd on the west, Bell Rd and the CAP canal on the north and Scottsdale Road on the East in Scottsdale and NE Phoenix.   Some of the main attractions and destinations in 85254 include Kierland Commons, Westin Kierland ResortCrackerJax Family Fun Center, Orange Tree Resort, Excelling Paradise Valley Unified School District and Scottsdale School District schools and much more.  85254 has long been called the "magic zip code" in the real estate business for it's desirability.  For more information on the area as well as available homes, please  call me at 480-236-7374. 

Total August sales: 91
Average Price Per foot: $184.15

Sale price as a percentage of list price: 97%
Average sale price: $431,685
Average Days on market: 98


This breaks down by type as follows:

Single Family Detached Homes
Sales: 82
Average Price Per foot: $185.57
Sale price as a percentage of list price: 97%
Average sale price: $452,689
Average Days on market: 85


Condos and Townhomes:
Total sales :9
Average Price Per foot: $171.25
Sale price as a percentage of list price: 98%
Average sale price: $240,322
Average Days on market: 221

Prices for all properties ranged from $99,900 for a 1/1, 544 sq. ft. townhome  to $1.15M for a  5/3.5, 4254 sq.ft. custom single family detached home. 


Adam Tarr PC
Citywide Real Estate
480-236-7374

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